Ronald Coase Believed That

Ronald Coase believed that

A) government regulation was the best method to solve the tragedy of the commons.
B) informal organizations, if certain rules were set in place, were a solution to the tragedy of the commons.
C) assigning property rights and using markets to reach a solution was less costly than any other method of solving the tragedy of the commons.
D) the tragedy of the commons could not be solved, which was why it was called a tragedy.